A penny? OK, here’s my thoughts.

August 1st, 2006

Because it actually costs more than a penny to make a penny, generic viagra try people are once again talking about getting rid of the penny altogether.

I think this would be a horrible mistake. If you get rid of the penny, generic cialis the nickel just becomes the new penny. (The nickel also cost more to make than it’s worth, by the way.)

I have a better idea:

Let’s just get rid of cash.

Go completely electronic.

We’d still have a penny, a nickel, a dime and so forth, but they don’t have any physical presence. They just become numbers in electronic accounts.

Of course, then we have to give everyone a bank account and a debit card (or use a fingerprint authorization system), but I bet it would still cost less than what we pay to print, move, and destroy all the paper and metal currency we currently have.

Entry Filed under: Observations

1 Comment Add your own

  • 1. james wigderson  |  August 2nd, 2006 at 4:43 pm

    No, no, no. We still need paper money to pay illegal aliens under the table.

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Being in a wheelchair gives you a unique perspective on the world. This blog features many of my views on politics, art, science, and entertainment. My name is Elliot Stearns. More...

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